Indian share markets surged in the late trade on Friday, May 17, 2019, with BSE Sensex rallying over 600 points to 38,000-level before the publication of Lok Sabha exit polls.

Sensex added as much as 607.65 points to register an intraday high at 38,001.13 on Friday.&nbsp | &nbspPhoto Credit:&nbspBCCL

New Delhi: Indian share markets surged in the late trade on Friday, May 17, 2019, with BSE Sensex rallying over 600 points to 38,000-level before the publication of Lok Sabha exit polls. The 2019 Lok Sabha exit poll data is scheduled to be revealed on May 19, 2019, after the successful completion of the last phase of the voting of the Indian general elections 2019 (17th Lok Sabha). The benchmark Sensex added as much as 607.65 points to register an intraday high at 38,001.13, before closing at 37,930.77, up by 537.29 points or 1.44 per cent.

A market-wide buying was seen in the Indian stock markets on Friday as eight out of 11 sectoral indices of NSE ended in the positive territory with Nifty Bank, Nifty Auto, Nifty Financial Services, Nifty FMCG and Nifty Media leading the charge. Shares of heavyweight companies such as Bajaj Finance, Bajaj Finserv, Kotak Mahindra Bank, Titan Company hit their respective 52-week high levels. The 50-share barometer Nifty closed 150.05 points or 1.33 per cent higher at 11,407.15.

Shares of Bajaj Finance, Hero MotoCorp, Maruti Suzuki, Kotak Mahindra Bank, Bajaj Auto, HUL, HDFC Bank, Mahindra & Mahindra, ICICI Bank, Axis Bank, HDFC were the top gainers among the Sensex stocks on Friday rising more than 2 per cent each. While, on the other hand, shares of Yes Bank, Vedanta, Infosys, HCL Tech, Sun Pharma and TCS were the major laggards among the Sensex components.

Large-cap shares of companies such as HDFC Bank, HDFC, ITC, Kotak Mahindra Bank, ICICI Bank and Bajaj Finance emerged as the major positive point contributor to the Sensex adding as much as 400 points to the index. Pharma stocks remained under pressure with Aurobindo Pharma, Lupin, Cadila Healthcare and Dr Reddy's Laboratories falling over 2 per cent each dragging the benchmark Nifty Pharma index in negative territory

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Sensex jumps over 600 points to 38,000 before exit polls, Nifty regains 11,400Description:Indian share markets surged in the late trade on Friday, May 17, 2019, with BSE Sensex rallying over 600 points to 38,000-level before the publication of Lok Sabha exit polls. Times Now